RE: Is a early return to BB on the cards.7 Feb 2020 07:57
Taken from planning application.
"1.2 The Need for a Further Extension of Time
The future use of the Broadford Bridge Site will be determined by the appraisal of the following well sites targeting the same Kimmeridge limestone and Portland sandstone reserves:
• Horse Hill Well Site
The 2nd amendment consent was predicated upon the delivery of further information from HH-1 but unfortunately drilling has not progressed as quickly as originally envisaged (which is indicative of the uncertainty when seeking to retrieve and accurately interpret data from deep below ground). The drilling HH-2 was originally planned for 2018 but only commenced 29th September 2019. It is now due to complete in 2019, with the appraisal of HH-1 and HH-2 in 2020.
• Loxley Well Site
In June 2019, the Applicant applied to Surrey County Council for a mineral planning consent to authorise hydrocarbon exploration, testing and appraisal from a new well site on land to the east of Dunsfold, Surrey. This well site is in the same Petroleum Exploration and Development Licence area (PEDL-234) as Broadford Bridge and will test the same Kimmeridge limestone and Portland sandstone reserves. This application is due to be determined late-2019/early-2020 and, if consented, the site would be operational in 2020/21.
Data from above-named sites will help determine the extent of the reserves, the mix of hydrocarbons, the flow rates and the pressures at play within the target formations. This information will help determine the need for further testing and appraisal at Broadford Bridge and its potential for commercial success. Put simply, the data is critical for the future planning of the Broadford Bridge Site."